Wholesale Term Financing-i
 
Fees Amount / Rate
Brokerage Fee
a. RM15*( per RM1.0 million
   
b. RM3* per RM1.0 million if less than 7 days tenor
Stamp Duty As per the Stamp Duty Act 1949 (Revised 1989)
Late payment charges

Compensation Charges: (Ta’widh):

   
a) If the overdue occurs before maturity of the financing = 1% p.a. on the overdue amount or, any other method approved by BNM.

Formula:
(Overdue installments X 1% X No of Overdue Days)/ 365 days

   
b) If the overdue occurs after maturity of the financing = At the IIMM Rate or, any other method approved by BNM.

Formula:
(Outstanding principal X IIMM Rate X No of Overdue Days)/ 365 days

 

*Effective 1st June 2018, all fees and charges are inclusive of GST at 0%.